3(1)The Corporation may from time to time specify the maximum amounts which may be paid by a registered social landlord which is an industrial and provident society or a company registered under the [1985 c. 6.] Companies Act 1985—
(a)by way of fees or other remuneration, or by way of expenses, to a member of the society or company who is not an officer or employee of the society or company, or
(b)by way of remuneration or expenses to an officer of the society or company who does not have a contract of employment with the society or company.
(2)Different amounts may be so specified for different purposes.
(3)Where a society or company makes a payment in excess of the maximum permitted under this paragraph, the society or company may recover the excess, and proceedings for its recovery shall be taken if the Corporation so directs.